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BHP warns of job cuts

2012-08-17 13:58 Agencies     Web Editor: qindexing comment

BHP Billiton said Thursday jobs could go at its Australian coal mines as the company faces a deteriorating market, the latest sign of global miners scaling back operations due to slowing industrial activities in China.

he prospect of job cuts raises doubts about the strength of Australia's mining boom, which has hinged on China importing hundreds of millions of tons of iron ore, coal, copper and other minerals year-in and year-out for most of the past decade.

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